Raffaele
Fri Aug 30 2024
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6 answers
1227
How has crypto helped cartels move money around the world?
I'm curious to know how cryptocurrency has facilitated the transfer of funds for criminal organizations, specifically cartels, on a global scale. Could you elaborate on the ways in which crypto has enabled these groups to evade traditional financial regulations and move their illicit proceeds with greater anonymity and speed? Are there any specific cryptocurrencies or methods that have become particularly popular among these criminal enterprises? And how do law enforcement agencies and regulatory bodies respond to this growing trend?
